Cryptocurrency Q&A Is arbitrum an ERC20?

Is arbitrum an ERC20?

CryptoQueenBee Tue Aug 27 2024 | 7 answers 1969

Excuse me, but could you clarify something for me? I've come across the term "Arbitrum" and I'm trying to understand its nature. Specifically, I'm wondering if Arbitrum is an ERC20 token? I've heard of ERC20 tokens being used for smart contracts and other functions on the Ethereum blockchain, but I'm not sure if Arbitrum falls into that same category. Could you help me understand the difference, if any, between Arbitrum and an ERC20 token? Is arbitrum an ERC20?

Is arbitrum an ERC20?

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